24 LOUIS Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Price Decreased |
$329,900
↓ $20K
(5.7%) | |
| Price Decreased | |||
| Aug 22, 2025 | Listed by Lincoln Realty | $350,000 | |
| Listed by Lincoln Realty | |||
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4 BR / 1.5 BA split ranch situated in a desirable South Colonie neighborhood and just blocks from the middle school, high school and Crossings Town Park. Huge fenced back yard would be perfect for an inground pool, gardening, pets, or a ballgame with the kids... and a shade tree for your hammock. Vinyl sided with C/A and refinished hardwood floors. 150 amp electric, boiler 2010, HW heater 2021. Full, dry basement with some finishing already started. Low South Colonie taxes, too. Solid home in great location.
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| Apr 22, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017